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Libya Devalues Dinar by 14.7% Amid Falling Oil Revenues and Fiscal Strain

Libya’s central bank devalued the dinar by 14.7%, citing declining oil revenues and mounting economic pressures. The decision followed deliberations at the bank’s first board meeting of 2026, held last week, and was based on recommendations from the Monetary Policy Committee. Following the adjustment, the exchange rate was set at 0.1150 Special Drawing Rights (SDR) […]

Qatar Airways Launches Doha-Marrakech Air Route

Qatar Airways will be operating three flights a week from Doha to Marrakech, adding the Red City to its global destinations, Qatar’s flag carrier said in a statement on its website. The inaugural flight, QR1395, landed in Marrakech Menara airport last Friday opening up the city to 150 air routes operated by Qatar Airways through […]

Morocco considers setting up LNG infrastructure in Mohammedia port

Morocco invited bids for a study concerning the setting up of LNG infrastructure and a floating storage and regasification unit in the port of Mohammedia, the port agency said. January 25 was set as a deadline for the bid which aims at helping the port agency upgrade the port to host LNG and FSRU infrastructure. […]